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International PBX Ventures Ltd
International PBX Ventures Ltd. engages in the acquisition, exploration, and development of mineral properties in Chile. The company explores for copper, molybdenum and gold deposits and owns 100% interests in eight properties comprising 25,000 hectares in Chile.
Copper - Molybdenum Porphyry: Its principal project is the Copaquire, an advanced staged exploration project of some 2,000 hectares covering a major copper-molybdenum porphyry system located in the prolific copper-molybdenum porphyry belt of northern Chile. This arc-parallel belt includes 30 porphyry Cu-Mo deposits and prospects with the largest amount of copper concentration in the world, totalling about 220 million tonnes of copper. Teck's Quebrada Blanca and Xstrata/Anglo American's Collahuasi mines are within 15 kilometres of the Copaquire property.
In May 2012 PBX signed a definitive Joint Venture Option Agreement with OZ Exploration Chile Limitada, a wholly owned subsidiary of OZ Minerals Limited of Australia, on PBX's Copaquire copper molybdenum property. The terms of the Agreement allow OZ Minerals to earn a 90% interest in Copaquire by making cash payments of $90 million and drilling up to 30,000 m.
Gold & Copper: Through it's 100% owned Chilean Metals Exploration Ltd. PBX owns six Gold - Copper properties strategically located in the prolific IOCG belt of Chile. The tremendous size, relatively simple metallurgy and relatively high grade of IOCG deposits can produce extremely profitable mines.
Contact Us
International PBX Ventures Ltd.
#205 – 490 Adelaide Street W.
Toronto, ON
M5V 1T2
Phone: 416-915-3181
Fax: 416-352-7585
Email:corpdev@internationalpbx.com
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